Life Hub @ Daning, a retail-anchored mixed use project in Shanghai, has developed into one of the most popular retail and entertainment venues in the Chinese city, attracting more than 60,000 visitors per day on weekdays and more than 100,000 per day on weekends.
The project exemplifies how a well-planned and executed urban infill project can reshape an entire neighborhood. It has transformed the Daning neighborhood and its surrounding areas in Zhabei District, long considered a low-income and underdeveloped neighborhood with limited retail and entertainment amenities, into a vibrant community.
With full occupancy for its retail component and consistently high occupancy for its office and hotel components, the project is highly successful both operationally and financially. The project won the prestigious National Award for Model Community and the Cityscape Asia Real Estate Award for Best Developer in 2008.